Profit and Loss Questions Practice Question and Answer
8 Q: Two things were sold at same sale-price. One thing got 10% profit and another suffered 10% loss. The difference of their purchase price will be in multiple of which number.Tell_____.
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6337237393021d4ee41cc654- 110false
- 220true
- 315false
- 425false
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Answer : 2. "20"
Q:Directions: Study the information given below and answer the questions that follow.
An article was bought for Rs. 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price.
What was the percent profit on the transaction?
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5df0b5840183ea49d62ac0e3An article was bought for Rs. 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price.
- 16.8%false
- 26.3%false
- 36.4 %true
- 46.6 %false
- 56.2%false
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Answer : 3. "6.4 %"
Q: A seller gives 15% discount on an item, if he marked up the price of item 40% above C.P and while selling he cheats the buyer by giving 10% less in weight. Find this overall profit percent (approximately).
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62f3888809a97851b6327359- 132%true
- 269%false
- 345%false
- 489%false
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Answer : 1. "32%"
Q: Bananas are bought at 3 for Rs. 2 and sold at 5 for Rs. 4. Find the gain or loss percent.
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601905a2552e5f41f7ac408d- 125%false
- 220%true
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Answer : 2. "20% "
Q: A drug dealer sells a tablet for 5 rupees. If he buys a tablet packet for Rs 50 and if a tablet packet contains 25 tablets, what will be his profit percentage?
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5f3f990c03c6925a59d3e2b4- 1100%false
- 2150%true
- 350 %false
- 4200%false
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Answer : 2. "150%"
Q: Two - third of a consignment was sold at a profit of 5% and the remaining at a loss of 2 %. If the total profit was Rs. 400. then the value of the consignment was
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5efc7750eb90be58c5903259- 1Rs . 16,000false
- 2Rs . 16,500false
- 3Rs . 15,000true
- 4Rs . 15,500false
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Answer : 3. "Rs . 15,000 "
Q: The difference between the selling prices of an article at a profit of 15% and at a profit of 10% is Rs.10. The cost price of the article is -
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60361d00a0666c3c85056f10- 1Rs.150false
- 2Rs.200true
- 3Rs.100false
- 4Rs.120false
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Answer : 2. "Rs.200"
Q: The profit on selling an article for Rs.1,100 is equal to three times the amount of loss on selling it for Rs.700. To gain 12.5%, the article must be sold for:
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6051c4bdd3e3d30b29d99cca- 1Rs.956false
- 2Rs.877.50false
- 3Rs.787.50false
- 4Rs.900true
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